WOOL-GROWERS OF U.S.A. BUILD STILL HIGHER

Manawatu Times, Volume LIV, Issue 6945, 26 June 1929, Page 7

WOOL-GROWERS OF U.S.A. BUILD STILL HIGHER

EVIDENCE BEFORE COMMITTEE United Press Association —By Electria Telegraph—Copyright. Received Tuesday 7.30 p.m. NEW YORK, .Tunc 24. Tho New York Times Washington correspondent states it is apparent the wool schedule of the proposed tariff revision will become an outstanding feature of the hearings before tho subcommittee of tho Senate finance committee, which began to take testimony to-day. - Four agricultural associations, namely, tho American Farm Bureau Federation and tho National, Wyoming and Ohio Woolprowcrs’ Associations’ witnesses asked for a basic rate of 60 cents for clean content, compared with 31 cents at present and 34 cents as provided in the House of Representatives Bill. They claimed that the riso w r as justified because importations of wool- displaced a considerable amount of tho domestic product. One witness insisted that an additional two cents a pound would only increase the cost of a suit of clothing by 14 cents.